Two Sixth Amendment claims and an ERISA lawsuit
SCOTUSBlog
APRIL 15, 2021
In Fifth Third Bancorp. Dudenhoeffer , the Supreme Court held that plan fiduciaries (typically company insiders) are not entitled to any special presumption of prudence when they invest in the company’s own stock, but rather are held to the same standards as ERISA fiduciaries in general. Wells Fargo & Co. , Corlett , 20-843.
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